2 years ago
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Fossil Fuel Companies Want Governments To Pay $18 Billion For Bringing In Laws Tackling The Climate Crisis Largely Caused By Fossil Fuel Companies
Back in 2013, Techdirt started writing about the boring-sounding Investor-State Dispute Settlement (ISDS) system. It was so boring, we decide to use a better term for it: corporate sovereignty. It's an appropriate name, since this system of...
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That's a pretty high level of being assholes, don't you think. First emptying governments' coffers via tax-evasion and then this kind of bullshittery.
They've known about fossil fuels causing global warming since the 1950s and they've actively lobbied to continue the burn. They have trillions in assets that are about to become stranded assets and they pocket trillions of dollars of taxpayers money, over and above the tax avoidance. They've been assholes for a long time.
Yup,and they get a free pass.
They figure what they want will happen. The cable companies/ISP's were not as innocent as new born lambs either. What astounds me is how they got away with it.
It shows at least how destructive corporate and political greed are and I hope, for once, that more and more people will get the insight it is, quite easy, to walk away from the old technologies and ways of thinking and handling. In stead of waiting for politicians and companies to come up with solutions, which they comfortably do not, us people should do that with the technologies at hand, which are a lot, actually. You can see it also happen more and more, when neighbourhoods share their solar energy, less people using their cars or even owning one (in cities at least). Less people are voting, too.
To me it all looks like a waning and fading of a certain era and, just like with the old style banks, these are some last cramps. They are quickly losing their grip on society and like with politics, they try to hold on to it with extremeties.
That sounds typical.